Amer Sees Novator Up Stake to 20.1%
Amer Sports Corporation reported that Novator Finland Oy has converted all of its NASDAQ OMX forward contracts into direct holdings in shares of Amer Sports Corporation representing 20.11% of the shares and voting rights…
Somnio Running Names Denny, ink. PR Agency of Record
Customizable running shoe company Somnio has named communications firm Denny, ink. as its public relations agency of record. Denny, ink. will oversee all public relations initiatives for the Santa Cruz-based shoe company. Effective immediately, Denny, ink
Suunto Names Sales Rep of the Year
Suunto has named Kevin Hirsh as their North American Sales Rep of the Year for 2008. Hirsh, of FHB Sales, covers Northern California and Northern Nevada and has been working with Suunto for over a year and a half…
Report: JJB to Close 46 Lifestyle Stores
Reports out of the U.K. have KPMG, which was named administrator of JJB's lifestyle Original Shoe Company and Qube stores, closing 46 of the 77 door in operation. This move will in turn cause 438 positions to become unnecessary for the retailers…
KOR Water Expands Board of Directors
KOR Water has appointed Peter van Stolk, the founder and former CEO of Jones Soda Co., and Ravi Sawhney, founder and CEO of industrial design firm, RKS, to its Board of Directors…
K-Swiss Opens Store in Taiwan
K-Swiss plans to open its first-ever running retail store in the Tienmu area of Taipei, Taiwan. To celebrate the grand opening, K-Swiss will host a high energy 10K Race in Taipei that has already attracted the maximum capacity of 2,500 runners on Sunday,
Cabela’s Q4 Profits Slide 12.1%; Comps Up 2.2%
Cabela's Inc. earnings fell 12.1% in the fourth quarter to $49.4 million, or 74 cents a share, from $56.2 million, or 84 cents, a year ago. Retail store revenue increased 6.9% to $429.5 million with a same store sales increase of 2.2%; direct revenue
Sport-Haley Sees Q2, First Half Results Tumble Across Board
Sport-Haley, Inc. reported net sales of fashion apparel for the three months ended Dec. 31 were $3.2 million, a decrease of $1.2 million, or 26%, from net fashion apparel sales of $4.4 million for the comparable three-month period in the prior fiscal year
Rocky Brand’s Fourth Quarter, FY08 Sales Decrease
Rocky Brands, Inc. said net sales for the fourth quarter ended Dec. 31, 2008 were $66.0 million versus net sales of $72.5 million in the fourth quarter of 2007. For the full year 2008, net sales decreased 5.7% to $259.5 million versus net sales of $275.3
Nike to Build Distribution Center In Jiangsu
Nike Inc. announced plans to invest $99 million to build a new distribution center in the Taicang Economic Development Area, Jiangsu, according to ChinaRetailNews.com. Besides providing support for current needs, the 120,000 square meter warehouse include
Outlast Bolsters Sales and Marketing Team
Outlast Technologies promoted Heather Listoe to Outlast North America Sales and Marketing Director for apparel. Her primary responsibilities will be to generate new business in emerging specialty sports markets including active wear and intimate apparel.
Volcom Sees Slight Q4 Increase
Volcom, Inc. said total consolidated revenues for the fourth quarter ended Dec. 31, 2008 were $69.6 million compared with $69.1 million in the fourth quarter of 2007. Total revenues in the company’s U.S. segment were $54.9 million compared with $58.9 mill
Crocs Q4 Revenues Slump 44%
Crocs, Inc. reported revenues fell 43.9% for the three months ended Dec. 31, to $126.1 million compared to $224.8 million a year ago. The comfy shoe manufacturer reported a net loss of $33.2 million, or 40 cents per share, in the latest quarter…
Ortholite Sponsors AHS and RRCA
OrthoLite has signed a sponsorship agreement as the preferred insole partner with American Hiking Society (AHS) and Road Runners Club of America (RRCA). In addition, the company will continue its sponsorship with the American Trail Running Association (AT
Orange 21 Appoints Board Member
Orange 21 Inc., the parent of Spy Optic, appointed Seth W. Hamot to its Board of Directors. Hamot has served as Managing Member of Roark, Rearden & Hamot Capital Management, LLC (“RRHCM”) since 1997 and was the owner of its corporate predecessor, Roark, R
